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Expectations in Micro Data: Rationality Revisited.

dc.contributor.authorBenítez-Silva, Hugo A.
dc.contributor.authorDwyer, Debra Sabatini
dc.contributor.authorGayle, Wayne-Roy
dc.contributor.authorMuench, Thomas J.
dc.date.accessioned2007-04-25T16:57:53Z
dc.date.available2007-04-25T16:57:53Z
dc.date.issued2003-10
dc.identifier.urihttps://hdl.handle.net/2027.42/50560
dc.description.abstractAn increasing number of longitudinal data sets collect expectations information regarding a variety of future individual level events and decisions, providing researchers with the opportunity to explore expectations over micro variables in detail. We provide a theoretical framework and an econometric methodology to use that type of information to test the Rational Expectations hypothesis in models of individual behavior, and present tests using two different panel data sets.en
dc.description.sponsorshipSocial Security Administrationen
dc.format.extent412370 bytes
dc.format.mimetypeapplication/pdf
dc.language.isoen_USen
dc.publisherMichigan Retirement Research Center, University of Michigan, P.O. Box 1248, Ann Arbor, MI 48104en
dc.relation.ispartofseriesWP 2003-059en
dc.titleExpectations in Micro Data: Rationality Revisited.en
dc.typeWorking Paperen
dc.subject.hlbsecondlevelPopulation and Demography
dc.subject.hlbtoplevelSocial Sciences
dc.contributor.affiliationotherSUNY-Stony Brooken
dc.contributor.affiliationotherUniversity of Pittsburghen
dc.contributor.affiliationumcampusAnn Arboren
dc.description.bitstreamurlhttp://deepblue.lib.umich.edu/bitstream/2027.42/50560/1/wp059.pdfen_US
dc.owningcollnameRetirement and Disability Research Center, Michigan (MRDRC)


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